UAE-based energy services contractor Lamprell has secured an engineering, procurement, installation and commissioning contract (EPIC) from Sharjah National Oil Corporation (SNOC) for the Mahani gas …
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Abu Dhabi Wealth Fund Sees U-Shaped Global Rebound Next Year
The global economy is likely to recover from this year’s virus-driven recession with 5% growth in 2021, according to Abu Dhabi’s $220 billion wealth fund.The most likely outcome following the economic …
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Abu Dhabi’s Wealth Fund Sees U-Shaped Global Rebound Next Year
The global economy is likely to recover from this year’s virus-driven recession with 5% growth in 2021, according to Abu Dhabi’s $220 billion wealth fund.
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Sharjah Holding to deploy driverless car at Al Zahia community
Sharjah Holding, a strategic partnership between Majid Al Futtaim Properties and Sharjah Asset Management, has announced a collaboration between the Al Zahia community and the Ministry of Health and …
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Gavaskar credits Sharjah tournament for bonhomie between India, Pakistan teams
Gavaskar said that the Indian and Pakistan teams got along very well off the pitch although their encounters were always high on intensity.
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Exclsuive: Abu Dhabi in Talks With Dubai for Support Through State Fund Mubadala – Sources
Dubai has developed quickly to become the Middle East’s tourism, trade and business hub, while Abu Dhabi is the UAE’s political capital beca …
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Wirecard’s Dubai business partner enters liquidation
Wirecard’s most significant business partner of recent years, a Dubai business central to whistleblower allegations that the German payments group fraudulently inflated sales and profits, has …
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EXCLUSIVE-Abu Dhabi in talks with Dubai for support through state fund Mubadala – sources
The governments of Abu Dhabi and Dubai are discussing ways to prop up Dubai’s economy by linking up assets in the two emirates, with Abu Dhabi’s state fund Mubadala likely to play a key role in any …
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UAE students stir fashion market demand amid COVID-19
Two UAE students are taking advantage of the lockdown imposed to contain the coronavirus outbreak in order to grow their sustainable fashion line.
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Coronavirus: Pay Dh1,000 fine in Dubai if your mask doesn’t cover your nose, mouth
Either way, Dubai Police have confirmed that they are liable to pay a Dh1,000 fine. A Dubai Police official told Gulf News: “People should wear masks in the proper way when they go outside. Otherwise, …
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Porsches, popcorn and social distancing at Dubai drive-in cinema
Movie-goers in Dubai frustrated by the closure of cinemas during the coronavirus pandemic will soon be able to watch films from the comfort of their own car at a new drive-in cinema created on the …
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Coronavirus: Dh1,000 fine in Dubai applies if you don’t wear your mask properly
With malls, parks, beaches, restaurants and other public places reopening, the need for residents to wear masks is more pressing now than ever amid the coronavirus outbreak. Yet, not everyone who is …
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Dubai Airports Has Measures to Make Sure Everyone Safe: CEO
Paul Griffiths, chief executive officer at Dubai Airports, discusses resuming services at the airport and the measures they’re taking to ensure the safety of customers and to keep the business going.
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UAE stimulus to help SMEs, says Abdulla Al Saleh
Held under the theme ‘Impact of the UAE Stimulus Plan on Economic Stability and Growth’, the Sharjah Ramadan Economic Majlis, now in its sixth year, was held virtually on the zoom platform for the …
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Coronavirus: UAE banks lend $4.5 bln to industrial, business sectors in Q1 2020
UAE banks provided 16.5 billion dirhams ($4.49 billion) in loans to the country’s industrial and businesses sectors in the first three months of 2020, a period that includes the initial stages of the …
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Dubai reopens parks, hotel beaches in further easing of curbs
The United Arab Emirates business and tourism hub Dubai has allowed public parks to reopen and hotel guests to access private beaches, state media said, as the emirate gradually lifts restrictions …
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$4.5bln credit facilities to industrial, business sectors by UAE banks in three months
ABU DHABI – UAE banks provided AED16.5 billion in loans in Q1-2020 to the industrial and business sectors, bringing to circa AED818.8 .1 bn the total credit facilities obtained by the two sectors …
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